AMR Corporation and US Airways Announce Senior Leadership Team for the New American Airlines

10-Jun-2013 AMR Corporation (OTCQB: AAMRQ), the parent company of American Airlines, Inc., and US Airways Group, Inc. (NYSE: LCC) today announced the senior leadership team responsible for guiding the new American Airlines after the closing of the companies' expected merger.

"This announcement is another important step forward in creating the new American Airlines and opening a new chapter for its more than 100,000 team members," said Doug Parker, chairman and CEO of US Airways. "We are combining the strengths of legacy American and US Airways and creating a collaborative industry-leading leadership team."

As previously announced, Tom Horton, 52, will serve as Chairman of the Board of the new American Airlines. Doug Parker, 51, will serve as Chief Executive Officer and a member of the Board of Directors. The senior leadership team announced today includes:

William Ris, 65, Senior Vice President, Government Affairs: responsible for all federal and international government and regulatory affairs and public policy

Kirby, Eberwein, Isom, Johnson and Kerr will join the new American from US Airways; Goulet, Leibman and Ris will join from American.

American Airlines and US Airways also noted that Dan Garton will step down as President and Chief Executive Officer of American Eagle Airlines later this year. A successor will be named prior to Mr. Garton's departure.

"As we bring the restructuring to a close, the new American is strong, renewed and positioned for a successful merger. I am extremely grateful for the work and dedication of American's senior leaders who helped bring about the most successful airline restructuring in history," added Tom Horton, Chairman, President and CEO of AMR.

"Through their commitment to our company they have helped build an airline that delivers on our promise to our customers and to all the communities American serves," Horton said. "American's leaders will continue to work very closely with their counterparts throughout the merger planning to build upon the momentum everyone has worked so hard to create."

AMR and US Airways also announced today the members of the Board of Directors of the combined company after the closing of the companies' expected merger.

As previously announced, AMR and US Airways agreed to combine to create the new American Airlines, a premier global carrier. Headquartered in Dallas-Fort Worth, the new American Airlines will become a highly competitive alternative for consumers to other global carriers and will provide greater flight opportunities, with more than 6,700 daily flights to 336 destinations in 56 countries. The combined airline will offer customers more choices and increased service across a larger worldwide network and through an enhanced oneworld® Alliance. Together, American Airlines and US Airways are expected to operate a mainline fleet of almost 950 aircraft and employ more than 100,000 people worldwide. The merger is subject to regulatory approvals, approval by US Airways shareholders, other customary closing conditions and confirmation of American Airlines' Plan of Reorganization by the U.S. Bankruptcy Court for the Southern District of New York.